Deltec Asset Management LLC increased its stake in XPO Logistics Inc (NYSE:XPO) by 78.2% in the fourth quarter, according to the company in its most recent 13F filing with the Securities and Exchange Commission. The fund owned 7,408 shares of the transportation company’s stock after acquiring an additional 3,250 shares during the period. Deltec Asset Management LLC’s holdings in XPO Logistics were worth $678,000 as of its most recent SEC filing.

Other hedge funds and other institutional investors also recently added to or reduced their stakes in the company. Fuller & Thaler Asset Management Inc. bought a new position in XPO Logistics during the 3rd quarter valued at approximately $102,000. Benjamin F. Edwards & Company Inc. bought a new position in XPO Logistics during the 4th quarter valued at approximately $172,000. Oak Point Wealth Management bought a new position in XPO Logistics during the 4th quarter valued at approximately $220,000. Pillar Pacific Capital Management LLC bought a new position in XPO Logistics during the 4th quarter valued at approximately $224,000. Finally, Commonwealth Equity Services Inc bought a new position in XPO Logistics during the 3rd quarter valued at approximately $230,000.

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Shares of XPO Logistics Inc (NYSE XPO) opened at $89.74 on Tuesday. The company has a debt-to-equity ratio of 1.24, a current ratio of 1.23 and a quick ratio of 1.23. The firm has a market capitalization of $11,247.45, a P/E ratio of 74.78, a P/E/G ratio of 0.81 and a beta of 2.55. XPO Logistics Inc has a 52 week low of $43.39 and a 52 week high of $98.37.

A number of research analysts have commented on XPO shares. JPMorgan Chase & Co. upped their price target on XPO Logistics from $74.00 to $84.00 and gave the company an “overweight” rating in a research report on Thursday, October 12th. Deutsche Bank reiterated a “buy” rating on shares of XPO Logistics in a report on Friday, December 22nd. Goldman Sachs Group assumed coverage on XPO Logistics in a report on Monday, November 13th. They set a “buy” rating and a $90.00 target price on the stock. Zacks Investment Research upgraded XPO Logistics from a “hold” rating to a “buy” rating and set a $103.00 target price on the stock in a report on Saturday, January 6th. Finally, Credit Suisse Group reiterated an “outperform” rating and set a $106.00 target price (up previously from $79.00) on shares of XPO Logistics in a report on Thursday, January 11th. Two analysts have rated the stock with a hold rating, seventeen have assigned a buy rating and one has issued a strong buy rating to the company. The stock presently has a consensus rating of “Buy” and a consensus price target of $89.50.

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XPO Logistics Company Profile

XPO Logistics, Inc is a global provider of supply chain solutions. The Company operates in two segments: Transportation and Logistics. The Transportation segment provides freight brokerage, last mile, less-than-truckload (LTL), full truckload and global forwarding services. The Logistics segment provides a range of contract logistics services, including highly engineered and customized solutions, value-added warehousing and distribution, cold chain solutions and other inventory solutions.

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